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“Are you wondering what is going on among the leaders of the Euro Zone of the European Union? Do you, along with British Prime Minister Cameron and his Tory colleagues, put the whole thing down to their stubborn refusal to act! Or do you decide that all such efforts to rationalise our World (including the lauded United Nations) are doomed to failure from the outset. Yet what is really happening is certainly none of these things! It is the final Dissolution of the Fictitious Value on which Capitalism rests. It is the regularly occurring and inevitable Crisis of Capitalism!”

More articles on Socialism and the collapse of Capitalism have recently been published on Shape Blog: